LKQ Corporation (NASDAQ:LKQ - Get Free Report)'s share price reached a new 52-week low during trading on Monday . The stock traded as low as $27.43 and last traded at $27.4460, with a volume of 948518 shares. The stock had previously closed at $28.51.
Analyst Upgrades and Downgrades
Several research analysts have recently weighed in on the company. Weiss Ratings restated a "sell (d+)" rating on shares of LKQ in a research note on Friday, March 27th. Barclays cut their price objective on shares of LKQ from $34.00 to $33.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 7th. Zacks Research cut LKQ from a "hold" rating to a "strong sell" rating in a report on Monday, January 26th. Wall Street Zen lowered shares of LKQ from a "buy" rating to a "hold" rating in a research report on Sunday, February 22nd. Finally, JPMorgan Chase & Co. cut their price target on LKQ from $40.00 to $37.00 and set an "overweight" rating for the company in a report on Monday, February 23rd. Five investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, LKQ presently has an average rating of "Hold" and a consensus target price of $42.33.
Read Our Latest Stock Report on LKQ
LKQ Trading Down 2.7%
The firm has a market cap of $7.08 billion, a P/E ratio of 13.74 and a beta of 0.88. The company's 50 day simple moving average is $30.53 and its 200-day simple moving average is $31.06. The company has a quick ratio of 0.60, a current ratio of 1.54 and a debt-to-equity ratio of 0.51.
LKQ (NASDAQ:LKQ - Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The auto parts company reported $0.67 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.67. LKQ had a return on equity of 11.65% and a net margin of 3.71%.The company had revenue of $3.47 billion during the quarter, compared to analysts' expectations of $3.39 billion. During the same quarter in the previous year, the business earned $0.79 EPS. LKQ's revenue was up 4.3% compared to the same quarter last year. LKQ has set its FY 2026 guidance at 2.900-3.200 EPS. As a group, research analysts predict that LKQ Corporation will post 3.02 earnings per share for the current fiscal year.
LKQ Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Thursday, May 21st will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend is Thursday, May 21st. LKQ's payout ratio is 59.41%.
Institutional Trading of LKQ
Several institutional investors and hedge funds have recently modified their holdings of the stock. Captrust Financial Advisors boosted its holdings in shares of LKQ by 0.4% in the third quarter. Captrust Financial Advisors now owns 84,939 shares of the auto parts company's stock valued at $2,594,000 after purchasing an additional 377 shares during the period. Rossby Financial LCC increased its holdings in LKQ by 159.4% during the 3rd quarter. Rossby Financial LCC now owns 882 shares of the auto parts company's stock worth $27,000 after purchasing an additional 542 shares during the period. Harbor Investment Advisory LLC raised its position in LKQ by 260.0% during the 1st quarter. Harbor Investment Advisory LLC now owns 900 shares of the auto parts company's stock valued at $26,000 after purchasing an additional 650 shares in the last quarter. Root Financial Partners LLC lifted its holdings in shares of LKQ by 142.4% in the 1st quarter. Root Financial Partners LLC now owns 1,217 shares of the auto parts company's stock worth $36,000 after buying an additional 715 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of LKQ by 2.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,476 shares of the auto parts company's stock worth $1,339,000 after buying an additional 807 shares during the period. Institutional investors own 95.63% of the company's stock.
LKQ Company Profile
(
Get Free Report)
LKQ Corporation is a leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles. The company supplies a broad range of replacement components, including recycled original equipment manufacturer (OEM) parts, aftermarket parts, refurbished and remanufactured items. Its products support collision repair, mechanical repair and performance enhancement needs across passenger cars, heavy trucks and recreational vehicles.
Through a combination of in-house operations and strategic acquisitions, LKQ has developed a comprehensive product portfolio that extends beyond core replacement parts.
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